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Rush Limbaugh - Timeless Wisdom

Rush Limbaugh February 20th 2019

Rush Limbaugh - Timeless Wisdom

The Rush Limbaugh Show

News

45.3K Ratings

🗓️ 20 February 2019

⏱️ 2 minutes

🧾️ Download transcript

Summary

Chicago Mayor Rahm Emanuel is implementing a Universal Basic Income program. Selected Chicago recipients will receive 1000 dollars a month with no strings attached. This program is intended to break the cycle of poverty. Taxpayer and philanthropic dollars will pay for this social welfare experiment.

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Transcript

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0:00.0

At Steifel, we believe investment advice is about more than helping you manage your wealth.

0:04.4

Our investment advice is about you. It's about realizing your dreams may become a reality

0:09.4

because you have a plan. We believe in you. Find your new Steifel Financial Advisor at Steifel.com.

0:15.1

That's STI FEL Steifel Nicholas and Company Incorporated Member SIPC and NYSE.

0:20.2

Chicago Mayor Ram Immanuel is implementing a pilot program has become a huge

0:24.9

fad in liberal cities. The program will hand out $1,000 in checks, $1,000 checks,

0:31.5

to select in Chicago recipients every month. No strings attached.

0:35.4

The handout is called Universal Basic Income. UBI. It's supposed to break the cycle of poverty.

0:42.4

Chicago will pay for the new welfare handouts with city funds. In other words, UBI money is coming

0:48.5

from unsuspecting taxpayers. According to news reports, cash will also come from philanthropic

0:55.4

dollars. Translation Chicago's UBI is getting in on the liberal nonprofit gravy train. Big money

1:03.6

from the big far left activist organizations. Now this scam, sorry, social welfare experiment,

1:10.6

has been tried before. January 2017 Finland adopted a Universal Basic Income program. But after two

1:17.0

years of not breaking the cycle of poverty, it was shut down. Finland admitted it failed.

1:23.7

And that's what Chicago's hair brand UBI plan is destined to do. It'll also fail. Because socialism

1:31.2

never works. No matter what you call it, no matter how you disguise it, no matter how you try it,

1:37.0

it blows up on you.

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